| Basis of Allotment |
THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE. PURCHASE OR SUBSCRIBE TO SECURITIES. THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION. DIRECTLY OR INDIRECTLY OUTSIDE INDIA
|
| V.L.INFRAPROJECTS LIMITED |
| Corporate Identity Numbers: U45200GJ2014PLC081602 |
Our Company was originally incorporated as registered in the name ot "V.L.Infraprojects Private Limited" as a private limited company under the provisions of the Companies Act, 2013 and received a certificate of incorporation dated December 19, 2014 from the Registrar of companies, Gujarat. Later our Company was converted into a Public Limited Company pursuant to special resolution passed by our shareholders in the resolution passed at Extra-ordinary General Meeting of our Company held on August 22,2023 and the name of our Company was changed to " V.L.Infraprojects Limited". A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated September 01,2023 was issued by the Registrar of Companies, Ahmed abad. The Corporate Identification Number of our Company is U45200GJ2014PLC081602. of change in name and registered office of our Company, please refer to chapter titled "History and Corporate Matters" beginning on page no.149 of this Prospectus.
| Registered Office: 716, Shivalik Satyamev, Near Vakil saheb Bridge Bopal, Ahmedabad- 380058, Gujarat, India |
| Website: www.vlil.in; | E-Mail: cs@vlil.in | Telephone No: +91 9998850177 | Company Secretary and Compliance Officer: Ms. Anjali Mukeshbhai Samani |
| PROMOTERS OF OUR COMPANY: MR. RAJAGOPAL REDDY ANNAM REDDY, MRS. MYPHILI RAJAGOPAL REDDY AND MR. NAGESWARA RAO REPURI |
The Issue is being made in accordance with Chapter IX of the SEBIICDR Regulations (IPO of Small and Medium Enterprises) and the equity shares are proposed to be listed on Emerge Platform of NSE
| BASIS OF ALLOTMENT |
INITIAL PUBLIC ISSUE OF 4410000 EQUITY SHARES OF FACE VALUE OFRS. 10/- EACHOF V.L.INFRAPROJECTS LIMITED ("VUL" ORTHE "COMPANY" ORTHE ‘ISSUER") FORCASH ATA PRICEOFRS. 42/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 32/- PER EQUITY SHARES (THE "ISSUE PRICE") AGGREGATING TO RS. 1852.20 LAKHS (‘‘THE ISSUE"). OF WHICH 240000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 42/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS.32/- PER EQUITY SHARE AGGREGATING TO RS. 100.80 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE ‘MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. NET ISSUE OF 4170000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH AT PRICE OF RS. 42/- PER EQUITY SHARE INCLUDING ASHARE PREMIUM OFRS. 32/- PER EQUITY SHARE AGGREGATING TORS. 1751.40 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE'.THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 28.07% AND 26.54%, RESPECTIVELY, OF THE POST ISSUE PAID UP EQUITY SHARES CAPITAL OF OUR COMPANY.THE FACE VALUE OFTHE EQUITY SHARES ISRS. 10/- EACH.
| PRICE BAND: RS.39/- to RS.42/- per Equity Share of Face Value RS.10/- each. |
| ISSUE PRICE: RS. 42.00 PER EQUITY SHARE OF FACE VALUE RS. 10/- EACH. |
| THE ISSUE PRICE IS 4.20 TIMES OF THE FACE VALUE |
| Risks to Investors: |
• The Merchant Banker associated with the Issue has handled 43 public issues out of which 2 issues closed below issue price on listing date.
BRLM associated with the issuer has handled 43 Public issues in the last 3 Financial years, below are the details.
Particulars |
Numbers of issues/Offer Handled |
Issue closed below issue price on listing date |
| Main Board | Nil |
Nil |
| SME | 43 |
2 |
• Average cost of acquisition of Equity Shares held by the Promoters is mentioned below
Sr. No. |
Name of Promoters |
No. of Equity Shares held |
Average Cost of Acquisition per equity share (in RS. )* |
1. |
Mr. Rajagopal Reddy Annam Reddy | 4880625 |
2.10 |
2. |
Mrs. Mydhili Rajagopal Reddy | 3750375 |
0.72 |
3. |
Mr. Nageswara Rao Repuri | 1130250 |
1.49 |
*The average cost of acquisition of Equity Shares by our Promoter has been calculated by taking into account the amount paid by them to acquire and Shares allotted to them as reduced by amount received on sell of shares i.e. net of sale consideration is divided by net quantity of shares acquired.
• Issue Price at the upper end of the Price Band is Rs. 42.00/- per Equity Share.
• Weighted Average Return on Net worth for Fiscals 2024, 2023 and 2022 is 28.55%
BID/ISSUE PROGRAM |
ANCHOR INVESTOR BIDDING DATE WAS: MONDAY, JULY 22, 2024 |
| BID/ISSUE OPENED ON: TUESDAY, JULY 23, 2024 | |
| BID/ ISSUE CLOSED ON: THURSDAY, JULY 25, 2024 |
This Issue was been made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules. 1957. as amended ("SCRR") read with Regulation 229 of the SEBIICDR Regulations and in compliance with Regulation 253 of the SEBIICDR Regulations, wherein not more than 50.00% of the Net Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion''). Further, 5.00% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demandfromMutualFundsislessthan5.00%ofthe Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15.00% of the Net Issue shall be available for allocation on a proportionate basis to Non-lnstitutional Investors and not less than 35.00% of the Net Issue shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Issue Price. All Bidders are required to participate in the Issue by mandatorily utilizing the Application Supported by Blocked Amount (‘ASBAl process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks (" SCSBs") a under the UPI Mechanism, as the case may be. to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see "Issue Procedure" on page 235 of the Prospectus.
The bidding for Anchor investors was opened and closed on Monday. July 22. 2024. The company received 4 Anchor Investors application for 19,98,000 Equity Shares. The Anchor Investor Allocation Price was finalized atRS. 42.00 per Equity Share. A total of 12,48,000 Equity Shares were allotted under the Anchor Investor portion aggregating to RS. 5,24,16,000.00.
The issue (excluding Anchor Investor Portion) received applications for 2,07,27,57,000 Equity Shares (before rejections and after removing multiple and duplicate bids. Bid not banked and exchange mismatch bids.) resulting in 655.52 times subscription (including reserved portion of market maker). The Details of the total valid Applications received in the issue are for43.93.38.000 Equity Shares from various categories and are as under Detail of the Before rejection Applications Received:
Detail of the Before rejection Applications Received:
| SR NO | CATEGORY | NO OF APPU CATION | NO OF SHARES | RESERVED | NO OF TIMES SUBSCRIPTION | AMOUNT |
| 1 | Market Maker | 1 | 240,000 | 2,40,000 | 1.00 | 10,080,000.00 |
| 2 | Non-lnstititional Investors | 28.668 | 458,157,000 | 6,27,000 | 730.71 | 19,241,724,000.00 |
| 3 | Qualified Institutional Buyers (Exclusinq Anchors) | 82 | 169,722,000 | 8,34,000 | 203.50 | 7,128,324,000.00 |
| 4 | Retail Investors | 414.039 | 1,242,117,000 | 14,61,000 | 850.18 | 52,164,147,000.00 |
| TOTAL | 442.790 | 1,870,236,000 | 31,62,000 | 591.47 | 78,544275,000.00 |
Final Demand
A summary of the final demand as per NSE as on the Bid/lssue Closing Date at different Bid Prices is as under:
Sr. No. |
RATE |
SHARES |
% to TOTAL |
CUMULATIVE TOTAL |
CUMULATIVE % TO TOTAL |
1 |
39 |
13,98,000 |
0.07 |
13,98,000 |
0.07 |
2 |
40 |
5,34,000 |
0.03 |
5,34,000 |
0.03 |
3 |
41 |
3,33,000 |
0.02 |
3,33,000 |
0.02 |
4 |
42 |
1,24,20,48,000 |
66.46 |
1,24,20,48,000 |
66.46 |
5 |
CutOff |
62,44,20,000 |
33.41 |
62,44,20,000 |
33.41 |
TOTAL |
1,86,87,33,000 |
100.00 |
The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on Friday, July 26, 2024.
1. Allocation to Retail Individual Investors (After Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off Price or at or above the Issue Price ofRS. 42/-perequity shares, was finalized in consultation with NSE. The category was subscribed by 835.21 times i.e. for 1,22,02,41,000 Equity Shares. Total number of shares allotted in this category is 14.61.000 Equity Shares to 487 successful applicants. The category wise details of the Basis of Allotment as under
| No. of Shares Applied for (Category wise) | No. of Applications received | % to total | Total No. of Equity Shares applied inthis Category | % to total | Proportionate Shares available | Allocation per Applicant | Ratio of allottees to applicants | Number of successful applicants (after rounding) | %to total | Total No. of shares allocated / allot ed | %to total | Surplus/ Deficit | ||
| Before rounding off | After rounding off | |||||||||||||
| 3000 | 406747 | 100.00 | 1,220,241,000 | 100.00 | 1,461,000 | 4 | 3.000 | 487 | 406747 | 487 | 100.00 | 1,461,000 | 100.00 | 0 |
| TOTAL | 406747 | 100.00 | 1,220,241,000 | 100.00 | 1,461,000 | 487 | 100.00 | 1,461,000 | 100.00 | 0 | ||||
2. Allocation to Non-lnstitutional Investors (After Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, who have bid at Issue Price of RS. 42/-perequity shares or above. was finalized in consultation with NSE. The category was subscribed by 725.10 times i.e.for45,46,,38,000 Equity Shares. The total number of shares allotted in this category is 6,27,000 Equity Shares to 209 successful applicants. The category wise details of the Basis of Allotment are as under:
Sr. No. |
No. of Shares applied for (Category wise) |
No. of Applications received |
% to total |
Total No. of Shares applied in each category |
% to total |
Propor tionate Shares Available |
Ration of allottees to applicants |
Total No. of shares allocated' aloted |
Surplus/ Deficite (7)-(9) |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
|
1 |
6000 |
16698 |
58.99 |
100,188.000 |
22.04 |
138,171 |
1 |
363 |
138,000 |
171 |
2 |
9000 |
3382 |
11.95 |
30,438,000 |
6.69 |
41,978 |
7 |
1691 |
42,000 |
-22 |
3 |
12000 |
1664 |
5.88 |
19,968,000 |
4.39 |
27,538 |
9 |
1664 |
27,000 |
538 |
4 |
15000 |
999 |
3.53 |
14,985,000 |
3.30 |
20,666 |
7 |
999 |
21,000 |
-334 |
5 |
18000 |
409 |
1.44 |
7,362,000 |
1.62 |
10,153 |
3 |
409 |
9,000 |
1,153 |
6 |
21000 |
577 |
2.04 |
12,117,000 |
2.67 |
16,711 |
6 |
577 |
18,000 |
-1,289 |
7 |
24000 |
2125 |
7.51 |
51,000,000 |
11.22 |
70,335 |
24 |
2125 |
72,000 |
-1,665 |
8 |
27000 |
348 |
1.23 |
9,396,000 |
2.07 |
12,958 |
1 |
87 |
12,000 |
958 |
9 |
30000 |
702 |
2.48 |
21,060,000 |
4.63 |
29,044 |
5 |
351 |
30,000 |
-956 |
10 |
33000 |
156 |
0.55 |
5,148,000 |
1.13 |
7,100 |
1 |
78 |
6,000 |
1,100 |
11 |
36000 |
128 |
0.45 |
4,608,000 |
1.01 |
6,355 |
1 |
64 |
6,000 |
355 |
12 |
39000 |
52 |
0.18 |
2,028,000 |
0.45 |
2,797 |
1 |
52 |
3,000 |
-203 |
13 |
42000 |
71 |
0.25 |
2,982,000 |
0.66 |
4,113 |
1 |
71 |
3,000 |
1,113 |
14 |
45000 |
117 |
0.41 |
5,265,000 |
1.16 |
7,261 |
1 |
39 |
9,000 |
-1,739 |
15 |
48000 |
97 |
0.34 |
4,656,000 |
1.02 |
6,421 |
2 |
97 |
6,000 |
421 |
16 |
51000 |
43 |
0.15 |
2,193,000 |
0.48 |
3,024 |
1 |
43 |
3,000 |
24 |
17 |
54000 |
38 |
0.13 |
2,052,000 |
0.45 |
2,830 |
1 |
38 |
3,000 |
-170 |
18 |
57000 |
20 |
0.07 |
1,140,000 |
0.25 |
1,572 |
1 |
20 |
3,000 |
-1,428 |
19 |
60000 |
142 |
0.50 |
8,520,000 |
1.87 |
11,750 |
2 |
71 |
12,000 |
-250 |
20 |
63000 |
24 |
0.08 |
1,512,000 |
0.33 |
2,085 |
1 |
24 |
3,000 |
-915 |
21 |
66000 |
13 |
0.05 |
858.000 |
0.19 |
1,183 |
0 |
1 |
1,183 |
|
22 |
69000 |
26 |
0.09 |
1,794,000 |
0.39 |
2,474 |
1 |
26 |
3,000 |
-526 |
23 |
72000 |
19 |
0.07 |
1,368,000 |
0.30 |
1,887 |
1 |
19 |
3,000 |
-1,113 |
24 |
75000 |
22 |
0.08 |
1,650,000 |
0.36 |
2,276 |
1 |
22 |
3,000 |
-724 |
25 |
78000 |
9 |
0.03 |
702,000 |
0.15 |
968 |
0 |
1 |
968 |
|
26 |
81000 |
16 |
0.06 |
1,296.000 |
0.29 |
1,787 |
1 |
16 |
3,000 |
-1,213 |
27 |
84000 |
4 |
0.01 |
336,000 |
0.07 |
463 |
0 |
1 |
463 |
|
28 |
87000 |
7 |
0.02 |
609,000 |
0.13 |
840 |
0 |
1 |
840 |
|
29 |
90000 |
28 |
0.10 |
2,520,000 |
0.55 |
3,475 |
1 |
28 |
3,000 |
475 |
30 |
93000 |
6 |
0.02 |
558,000 |
0.12 |
770 |
0 |
1 |
770 |
|
31 |
96000 |
11 |
0.04 |
1,056,000 |
0.23 |
1,456 |
1 |
11 |
3,000 |
-1,544 |
32 |
99000 |
4 |
0.01 |
396,000 |
0.09 |
546 |
0 |
1 |
546 |
|
33 |
102000 |
7 |
0.02 |
714,000 |
0.16 |
985 |
0 |
1 |
985 |
|
34 |
105000 |
7 |
0.02 |
735,000 |
0.16 |
1,014 |
0 |
1 |
1,014 |
|
35 |
108000 |
9 |
0.03 |
972,000 |
0.21 |
1,341 |
1 |
9 |
3,000 |
-1,659 |
36 |
111000 |
8 |
0.03 |
888,000 |
0.20 |
1,225 |
0 |
1 |
1,225 |
|
37 |
114000 |
5 |
0.02 |
570,000 |
0.13 |
786 |
0 |
1 |
786 |
|
38 |
117000 |
16 |
0.06 |
1,872,000 |
0.41 |
2,582 |
1 |
16 |
3,000 |
-418 |
39 |
120000 |
51 |
0.18 |
6,120,000 |
1.35 |
8,440 |
1 |
17 |
9,000 |
-560 |
40 |
123000 |
2 |
0.01 |
246,000 |
0.05 |
339 |
0 |
1 |
339 |
|
41 |
126000 |
1 |
0.00 |
126,000 |
0.03 |
174 |
0 |
1 |
174 |
|
42 |
129000 |
5 |
0.02 |
645,000 |
0.14 |
890 |
0 |
1 |
890 |
|
43 |
132000 |
3 |
0.01 |
396,000 |
0.09 |
546 |
0 |
1 |
546 |
|
44 |
135000 |
2 |
0.01 |
270,000 |
0.06 |
372 |
0 |
1 |
372 |
|
45 |
138000 |
4 |
0.01 |
552.000 |
0.12 |
761 |
0 |
1 |
761 |
|
46 |
141000 |
4 |
0.01 |
564,000 |
0.12 |
778 |
0 |
1 |
778 |
|
47 |
144000 |
4 |
0.01 |
576,000 |
0.13 |
794 |
0 |
1 |
794 |
|
48 |
147000 |
1 |
0.00 |
147,000 |
0.03 |
203 |
0 |
1 |
203 |
|
49 |
150000 |
14 |
0.05 |
2,100,000 |
0.46 |
2,896 |
1 |
14 |
3,000 |
-104 |
50 |
153000 |
1 |
0.00 |
153,000 |
0.03 |
211 |
0 |
1 |
211 |
|
51 |
156000 |
4 |
0.01 |
624,000 |
0.14 |
861 |
0 |
1 |
861 |
|
52 |
159000 |
2 |
0.01 |
318,000 |
0.07 |
439 |
0 |
1 |
439 |
|
53 |
162000 |
1 |
0.00 |
162,000 |
0.04 |
223 |
0 |
1 |
223 |
|
54 |
165000 |
4 |
0.01 |
660,000 |
0.15 |
910 |
0 |
1 |
910 |
|
55 |
168000 |
1 |
0.00 |
168,000 |
0.04 |
232 |
0 |
1 |
232 |
|
56 |
174000 |
1 |
0.00 |
174,000 |
0.04 |
240 |
0 |
1 |
240 |
|
57 |
177000 |
1 |
0.00 |
177,000 |
0.04 |
244 |
0 |
1 |
244 |
|
58 |
180000 |
10 |
0.04 |
1,800,000 |
0.40 |
2,482 |
1 |
10 |
3,000 |
-518 |
59 |
183000 |
3 |
0.01 |
549,000 |
0.12 |
757 |
0 |
1 |
757 |
|
60 |
186000 |
2 |
0.01 |
372,000 |
0.08 |
513 |
0 |
1 |
513 |
|
61 |
189000 |
5 |
0.02 |
945,000 |
0.21 |
1,303 |
1 |
5 |
3,000 |
-1,697 |
62 |
192000 |
2 |
0.01 |
384,000 |
0.08 |
530 |
0 |
1 |
530 |
|
63 |
195000 |
4 |
0.01 |
780,000 |
0.17 |
1,076 |
0 |
1 |
1,076 |
|
64 |
198000 |
2 |
0.01 |
396.000 |
0.09 |
546 |
0 |
1 |
546 |
|
65 |
207000 |
2 |
0.01 |
414,000 |
0.09 |
571 |
0 |
1 |
571 |
|
66 |
210000 |
3 |
0.01 |
630,000 |
0.14 |
869 |
0 |
1 |
869 |
|
67 |
222000 |
1 |
0.00 |
222,000 |
0.05 |
306 |
0 |
1 |
306 |
|
68 |
225000 |
3 |
0.01 |
675,000 |
0.15 |
931 |
0 |
1 |
931 |
|
69 |
228000 |
2 |
0.01 |
456,000 |
0.10 |
629 |
0 |
1 |
629 |
|
70 |
234000 |
2 |
0.01 |
468,000 |
0.10 |
645 |
0 |
1 |
645 |
|
71 |
237000 |
4 |
0.01 |
948,000 |
0.21 |
1,307 |
1 |
4 |
3,000 |
-1,693 |
72 |
240000 |
24 |
0.08 |
5,760,000 |
1.27 |
7,944 |
1 |
8 |
9,000 |
-1,056 |
73 |
243000 |
1 |
0.00 |
243,000 |
0.05 |
335 |
0 |
1 |
335 |
|
74 |
246000 |
2 |
0.01 |
492,000 |
0.11 |
679 |
0 |
1 |
679 |
|
75 |
255000 |
2 |
0.01 |
510,000 |
0.11 |
703 |
0 |
1 |
703 |
|
76 |
264000 |
2 |
0.01 |
528,000 |
0.12 |
728 |
0 |
1 |
728 |
|
77 |
267000 |
1 |
0.00 |
267,000 |
0.06 |
368 |
0 |
1 |
368 |
|
78 |
270000 |
1 |
0.00 |
270,000 |
0.06 |
372 |
0 |
1 |
372 |
|
79 |
288000 |
1 |
0.00 |
288,000 |
0.06 |
397 |
0 |
1 |
397 |
|
80 |
300000 |
12 |
0.04 |
3,600,000 |
0.79 |
4,965 |
1 |
6 |
6,000 |
-1,035 |
81 |
303000 |
1 |
0.00 |
303,000 |
0.07 |
418 |
0 |
1 |
418 |
|
82 |
309000 |
6 |
0.02 |
1,854,000 |
0.41 |
2,557 |
1 |
6 |
3,000 |
-443 |
83 |
312000 |
1 |
0.00 |
312,000 |
0.07 |
430 |
0 |
1 |
430 |
|
84 |
318000 |
1 |
0.00 |
318.000 |
0.07 |
439 |
0 |
1 |
439 |
|
85 |
327000 |
4 |
0.01 |
1,308,000 |
0.29 |
1,804 |
1 |
4 |
3,000 |
-1,196 |
86 |
330000 |
2 |
0.01 |
660,000 |
0.15 |
910 |
0 |
1 |
910 |
|
87 |
339000 |
1 |
0.00 |
339,000 |
0.07 |
468 |
0 |
1 |
468 |
|
88 |
348000 |
1 |
0.00 |
348,000 |
0.08 |
480 |
0 |
1 |
480 |
|
89 |
357000 |
2 |
0.01 |
714,000 |
0.16 |
985 |
0 |
1 |
985 |
|
90 |
360000 |
1 |
0.00 |
360,000 |
0.08 |
496 |
0 |
1 |
496 |
|
91 |
390000 |
1 |
0.00 |
390,000 |
0.09 |
538 |
0 |
1 |
538 |
|
92 |
399000 |
1 |
0.00 |
399,000 |
0.09 |
550 |
0 |
1 |
550 |
|
93 |
402000 |
1 |
0.00 |
402,000 |
0.09 |
554 |
0 |
1 |
554 |
|
94 |
405000 |
1 |
0.00 |
405,000 |
0.09 |
559 |
0 |
1 |
559 |
|
95 |
408000 |
4 |
0.01 |
1,632,000 |
0.36 |
2,251 |
1 |
4 |
3,000 |
-749 |
96 |
450000 |
5 |
0.02 |
2,250,000 |
0.49 |
3,103 |
1 |
5 |
3,000 |
103 |
97 |
462000 |
1 |
0.00 |
462,000 |
0.10 |
637 |
0 |
1 |
637 |
|
98 |
474000 |
1 |
0.00 |
474,000 |
0.10 |
654 |
0 |
1 |
654 |
|
99 |
477000 |
1 |
0.00 |
477,000 |
0.10 |
658 |
0 |
1 |
658 |
|
100 |
480000 |
1 |
0.00 |
480,000 |
0.11 |
662 |
0 |
1 |
662 |
|
101 |
501000 |
1 |
0.00 |
501,000 |
0.11 |
691 |
0 |
1 |
691 |
|
102 |
507000 |
1 |
0.00 |
507,000 |
0.11 |
699 |
0 |
1 |
699 |
|
103 |
516000 |
4 |
0.01 |
2,064,000 |
0.45 |
2,847 |
1 |
4 |
3,000 |
-153 |
104 |
570000 |
3 |
0.01 |
1,710,000 |
0.38 |
2,358 |
1 |
3 |
3,000 |
-642 |
105 |
591000 |
1 |
0.00 |
591,000 |
0.13 |
815 |
0 |
1 |
815 |
|
106 |
600000 |
4 |
0.01 |
2,400,000 |
0.53 |
3,310 |
1 |
4 |
3,000 |
310 |
107 |
627000 |
4 |
0.01 |
2,508,000 |
0.55 |
3,459 |
1 |
4 |
3,000 |
459 |
108 |
681000 |
2 |
0.01 |
1,362,000 |
0.30 |
1,878 |
1 |
2 |
3,000 |
-1,122 |
109 |
744000 |
2 |
0.01 |
1,488,000 |
0.33 |
2,052 |
1 |
2 |
3,000 |
-948 |
110 |
756000 |
1 |
0.00 |
756,000 |
0.17 |
1,043 |
0 |
1 |
1.043 |
|
111 |
849000 |
1 |
0.00 |
849,000 |
0.19 |
1,171 |
0 |
1 |
1,171 |
|
112 |
900000 |
1 |
0.00 |
900,000 |
0.20 |
1,241 |
0 |
1 |
1,241 |
|
113 |
942000 |
1 |
0.00 |
942,000 |
0.21 |
1,299 |
1 |
1 |
3,000 |
-1,701 |
114 |
951000 |
1 |
0.00 |
951,000 |
0.21 |
1,312 |
1 |
1 |
3,000 |
-1,688 |
115 |
954000 |
1 |
0.00 |
954,000 |
0.21 |
1,316 |
1 |
1 |
3,000 |
-1,684 |
116 |
1092000 |
1 |
0.00 |
1,092,000 |
0.24 |
1,506 |
1 |
1 |
3,000 |
-1,494 |
117 |
1191000 |
1 |
0.00 |
1,191,000 |
0.26 |
1,643 |
1 |
1 |
3,000 |
-1,357 |
118 |
1296000 |
1 |
0.00 |
1,296,000 |
0.29 |
1,787 |
1 |
1 |
3,000 |
-1,213 |
119 |
1386000 |
1 |
0.00 |
1,386,000 |
0.30 |
1,911 |
1 |
1 |
3,000 |
-1,089 |
120 |
1389000 |
1 |
0.00 |
1,389,000 |
0.31 |
1,916 |
1 |
1 |
3,000 |
-1.084 |
121 |
1458000 |
1 |
0.00 |
1.458,000 |
0.32 |
2,011 |
1 |
1 |
3,000 |
-989 |
122 |
1473000 |
1 |
0.00 |
1,473,000 |
0.32 |
2,031 |
1 |
1 |
3,000 |
-969 |
123 |
1527000 |
1 |
0.00 |
1,527,000 |
0.34 |
2,106 |
1 |
1 |
3,000 |
-894 |
124 |
1542000 |
1 |
0.00 |
1,542,000 |
0.34 |
2,127 |
1 |
1 |
3,000 |
-873 |
125 |
1548000 |
1 |
0.00 |
1,548,000 |
0.34 |
2,135 |
1 |
1 |
3,000 |
-865 |
126 |
1653000 |
1 |
0.00 |
1,653,000 |
0.36 |
2,280 |
1 |
1 |
3,000 |
-720 |
127 |
1755000 |
1 |
0.00 |
1,755.000 |
0.39 |
2,420 |
1 |
1 |
3,000 |
-580 |
128 |
1779000 |
1 |
0.00 |
1,779,000 |
0.39 |
2,453 |
1 |
1 |
3,000 |
-547 |
129 |
1839000 |
1 |
0.00 |
1,839.000 |
0.40 |
2,536 |
1 |
1 |
3,000 |
-464 |
130 |
1848000 |
1 |
0.00 |
1,848,000 |
0.41 |
2,549 |
1 |
1 |
3,000 |
-451 |
131 |
1887000 |
1 |
0.00 |
1.887.000 |
0.42 |
2,602 |
1 |
1 |
3,000 |
-398 |
132 |
1905000 |
3 |
0.01 |
5.715.000 |
1.26 |
7.882 |
1 |
1 |
9,000 |
-1,118 |
133 |
2022000 |
1 |
0.00 |
2.022,000 |
0.44 |
2.789 |
1 |
1 |
3,000 |
-211 |
134 |
2061000 |
1 |
0.00 |
2.061,000 |
0.45 |
2,842 |
1 |
1 |
3,000 |
-158 |
135 |
2076000 |
1 |
0.00 |
2.076.000 |
0.46 |
2,863 |
1 |
1 |
3.000 |
-137 |
136 |
2079000 |
1 |
0.00 |
2.079.000 |
0.46 |
2.867 |
1 |
1 |
3.000 |
-133 |
137 |
2085000 |
1 |
0.00 |
2.085.000 |
0.46 |
2,875 |
1 |
1 |
3,000 |
-125 |
138 |
2088000 |
10 |
0.04 |
20,880.000 |
4.59 |
28.796 |
1 |
1 |
30,000 |
-1,204 |
TOTAL |
28305 |
100.00 |
454,638,000 |
100.00 |
627,000 |
627,000 |
(0) |
|||
3) Allocation to QIBs excluding Anchor Investors (After Rejections & Withdrawal): The Basis of Allotment to QIBs. who have bid at Issue Price of RS.42/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 203.50times i.e. for 16,97,22,000 Equity shares. The total number of shares allotted in this category is 8,34,000 Equity Shares to 80 successful applicants. The category wise details of the Basis of Allotment are as under:
St No. |
No. of Shares applied for (Category wise) |
Number of applications received |
% to total |
Total No. of Shares applied in each category |
% to total |
Proportionate shares avaiable |
Ration of allottees to appficants |
Total No. of shares allocated/ allotted |
Surplus/ Deficit (7)-(9) |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
|
1 |
180000 |
1 |
1.22 |
180,000 |
0.11 |
885 |
0 |
1 |
885 |
|
2 |
240000 |
1 |
1.22 |
240,000 |
0.14 |
1,179 |
0 |
1 |
1,179 |
|
3 |
477000 |
2 |
2.44 |
954,000 |
0.56 |
4,688 |
1 |
1 |
6,000 |
-1,312 |
4 |
480000 |
1 |
1.22 |
480,000 |
0.28 |
2,359 |
1 |
1 |
3,000 |
-641 |
5 |
594000 |
1 |
1.22 |
594,000 |
0.35 |
2,919 |
1 |
1 |
3,000 |
-81 |
6 |
600000 |
1 |
1.22 |
600,000 |
0.35 |
2,948 |
1 |
1 |
3,000 |
-52 |
7 |
633000 |
1 |
1.22 |
633,000 |
0.37 |
3,111 |
1 |
1 |
3,000 |
111 |
8 |
654000 |
1 |
1.22 |
654,000 |
0.39 |
3,214 |
1 |
1 |
3,000 |
214 |
9 |
675000 |
1 |
1.22 |
675,000 |
0.40 |
3,317 |
1 |
1 |
3,000 |
317 |
10 |
678000 |
1 |
1.22 |
678,000 |
0.40 |
3,332 |
1 |
1 |
3,000 |
332 |
11 |
729000 |
1 |
1.22 |
729,000 |
0.43 |
3,582 |
1 |
1 |
3,000 |
582 |
12 |
834000 |
1 |
1.22 |
834,000 |
0.49 |
4,098 |
1 |
1 |
3,000 |
1,098 |
13 |
1086000 |
1 |
1.22 |
1,086,000 |
0.64 |
5,337 |
1 |
1 |
6,000 |
-663 |
14 |
1149000 |
1 |
1.22 |
1,149,000 |
0.68 |
5,646 |
1 |
1 |
6,000 |
-354 |
15 |
1164000 |
1 |
1.22 |
1,164,000 |
0.69 |
5,720 |
1 |
1 |
6,000 |
-280 |
16 |
1176000 |
1 |
1.22 |
1,176,000 |
0.69 |
5,779 |
1 |
1 |
6,000 |
-221 |
17 |
1191000 |
1 |
1.22 |
1,191,000 |
0.70 |
5,852 |
1 |
1 |
6,000 |
-148 |
18 |
1350000 |
1 |
1.22 |
1,350,000 |
0.80 |
6,634 |
1 |
1 |
6,000 |
634 |
19 |
1497000 |
1 |
1.22 |
1,497,000 |
0.88 |
7,356 |
1 |
1 |
9,000 |
-1,644 |
20 |
1557000 |
1 |
1.22 |
1,557,000 |
0.92 |
7,651 |
1 |
1 |
9,000 |
-1,349 |
21 |
1560000 |
1 |
1.22 |
1,560,000 |
0.92 |
7,666 |
1 |
1 |
9,000 |
-1,334 |
22 |
1569000 |
13 |
15.85 |
20,397,000 |
12.02 |
100,229 |
1 |
1 |
78,000 |
22,229 |
1569000 |
0 |
0.00 |
0 |
0.00 |
7 |
13 |
21,000 |
-21,000 |
||
23 |
1725000 |
1 |
1.22 |
1,725,000 |
1.02 |
8,477 |
1 |
1 |
9,000 |
-523 |
24 |
1902000 |
2 |
2.44 |
3,804,000 |
2.24 |
18,693 |
1 |
1 |
18,000 |
693 |
25 |
1905000 |
1 |
1.22 |
1,905,000 |
1.12 |
9,361 |
1 |
1 |
9,000 |
361 |
26 |
2013000 |
1 |
1.22 |
2,013,000 |
1.19 |
9,892 |
1 |
1 |
9,000 |
892 |
27 |
2379000 |
1 |
1.22 |
2,379,000 |
1.40 |
11,690 |
1 |
1 |
12,000 |
-310 |
28 |
2382000 |
1 |
1.22 |
2,382,000 |
1.40 |
11,705 |
1 |
1 |
12,000 |
-295 |
29 |
2619000 |
1 |
1.22 |
2,619,000 |
1.54 |
12,870 |
1 |
1 |
12,000 |
870 |
30 |
2622000 |
1 |
1.22 |
2,622,000 |
1.54 |
12,884 |
1 |
1 |
12,000 |
884 |
31 |
2856000 |
1 |
1.22 |
2,856,000 |
1.68 |
14,034 |
1 |
1 |
15,000 |
-966 |
32 |
2886000 |
1 |
1.22 |
2.886,000 |
1.70 |
14.182 |
1 |
1 |
15,000 |
-818 |
33 |
2904000 |
1 |
1.22 |
2,904,000 |
1.71 |
14,270 |
1 |
1 |
15,000 |
-730 |
34 |
2916000 |
3 |
3.66 |
8,748,000 |
5.15 |
42,987 |
1 |
1 |
36,000 |
6,987 |
2916000 |
0 |
0.00 |
0 |
0.00 |
2 |
3 |
6,000 |
-6,000 |
||
35 |
2919000 |
1 |
1.22 |
2,919,000 |
1.72 |
14,344 |
1 |
1 |
15,000 |
-656 |
36 |
2922000 |
31 |
37.80 |
90,582.000 |
53.37 |
445,113 |
1 |
1 |
372,000 |
73,113 |
2922000 |
0 |
0.00 |
0 |
0.00 |
24 |
31 |
72,000 |
-72,000 |
||
TOTAL |
82 |
100.00 |
169,722,000 |
100.00 |
834,000 |
834,000 |
0 |
|||
4) Allocation to Anchor Investors (After Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 12,48,000 Equity Shares to 4 Anchor Investors at Anchor Investor Issue Price of RS. 42/- per Equity Shares in accordance with the SEBIICDR Regulations. The category wise details of the Basis of Allotment are as under:
CATEGORY |
HS/BANKS |
MPS |
IC'S |
NBFC'S |
AIF |
FPC |
OTHERS |
TOTAL |
Anchor |
- |
- |
- |
2,40,000 |
10,08,000 |
- |
12,48,000 |
5) Allocation to Market Maker (After Rejections & Withdrawal): The Basis of Allotments Market Maker who have bid at Issue Price of ^ 42/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 1.00 times i.e. for 2,40,000 Equity shares. The total number of shares allotted in this category is 2,40,000 Equity Shares. The category wise details of the Basis of Allotment are as under:
No. of Shares Applied for (Category wise) |
No. of Appications received |
%to total |
Total No. of Equity Shares appied in this Category |
%to total |
No. of Equity Shares allocated/ allotted per Applicant |
Ratio |
Total Number of shares allotted |
Surplus/ Deficite |
|
2,40,000 |
1 |
100.00 |
2,40,000 |
100.00 |
2,40,000 |
1 |
1 |
2,40,000 |
- |
TOTAL |
1 |
100.00 |
2,40,000 |
100.00 |
2,40,000 |
2,40,000 |
- |
||
The Board of Directors of the Company at its meeting held on July 26, 2024, has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants. The CAN- cum-allotment advices and/or notices will be forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before July 29,2024. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount will process on July 29, 2024. In case the same is not received within two working days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the NSE EMERGE within three working days from the date of the closure of the issue.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated July 25, 2024 ("Prospectus") filed with Registrar of Companies, Gujarat.
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the issue, Skyline financial Services Private Limited at www.skylinerta.com, All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, serial number of the Bid cum Application Form, number of shares applied for and Bank Branch where the application had been lodged and paymentdetails atthe address ofthe Registrar given below:
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED |
| D-153A, 1st Floor. Okhla Industrial Area Phase-I. New Delhi -110020. India |
| Tel. No.: 011-40450193-197 | Email: ipo@skylinerta.com | Website: www.skylinerta.com |
| Investor Grievance Email: grievances@skylinerta.com |
| Contact Person: Mr. Anuj Rana |
| SEBI Registration No.: INR000003241 |
| CIN: U74899DL1995PTC071324 |
On behalf of Board of Directors |
|
For V.L.INFRAPROJECTS LIMITED |
|
sd/- |
|
| Place: Ahmedabad | Rajagopal Reddy Annam Reddy |
| Date: July 29, 2024 | Chairman, Managing Director and Chief Executive Officer |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BETAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF V.L.INFRAPROJECTS LIMITED.
V.L.Infraprojects Limited is proposing, subject to market conditions, public issue of its equity shares and had filed the Prospectus with the Registrar of Companies, Gujarat. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.beelinemb.com, website of the NSE at www.nseindia.com and website of Issuer Company at www.vlil.in; Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginningon page 25 of the Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be registered underthe US Securities Act (the 'Securities Act") or any state securities law in United States and may not be Issued or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in the Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.
aarlma tf/,
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